Payaza Africa Limited receives an A- credit rating upgrade from Agusto & Co, reflecting strong fundamentals, governance, and institutional trust as the fintech expands payments infrastructure.
Dangote Refinery reduced aviation fuel ex-depot price to N1,650 per litre, but airlines still pay up to N2,000 due to logistics, FX, and old stock.
Nigeria's depot fuel prices fall as competition rises, with Lagos seeing sharp cuts to ₦1,277 per litre, despite global crude above $110.
Nigeria's local content in oil and gas rose from under 5% in 2010 to 61% in 2025, driven by NCDMB's focus on midstream and downstream sectors for investment and growth.
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Environmental activist Dr Nnimmo Bassey calls for a comprehensive environmental audit of the Niger Delta, while host communities demand a review of the Petroleum Industry Act.
Africa's gas commercial model prioritizes exports over domestic supply, leaving millions without power and stifling industrialization. Experts call for pricing reforms and infrastructure investment.
NAICOM calls on insurers to adopt customer-centric models to rebuild trust, simplify claims, and boost Nigeria's low insurance penetration.
Aliko Dangote says the planned listing of Dangote Refinery on NGX aims to democratize wealth and allow Africans to invest in industrial transformation.
Dangote Group delegation visits host communities in Ogun and Ondo states to sensitize and prepare for the Olokola Deep Seaport project, enhancing Africa's maritime trade.
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Prof Jack Sim warns Nigeria may miss 2030 open defecation target, urging coordinated national sanitation drive involving government, civil society, and private sector.
Accion Microfinance Bank identifies poor market risk analysis as the main cause of loan defaults among MSMEs, citing economic instability and rising costs.
The African Maritime Council warns that insufficient shipyard infrastructure in West Africa is causing massive revenue loss as vessels go abroad for repairs.
Experts and leaders gather in Lagos for the Digital Procurement Africa Summit 2026 to address fraud, inefficiency, and weak oversight in supply chains through digital transformation.
A new study shows Nigerian women own 40% of businesses but receive minimal formal credit, revealing a $6.75 billion funding gap and systemic barriers.
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Telecommunications regulators worldwide endorsed the 2026 Best Practice Guidelines at GSR-26 in Türkiye, focusing on emerging tech, infrastructure resilience, and bridging the digital divide.
GSMA report reveals Europe requires €475 billion in 5G investment by 2035, with a €205 billion gap, lagging behind global leaders in standalone 5G.
Nigeria's economic reforms since 2023 have stabilized macroeconomy but neglected equity. Prof. Adenikinju argues for social protection, industrial policy, and legislative scrutiny.
Industrial goods stocks on the NGX surged 118.55% YTD, driven by strong earnings from cement makers and improved investor confidence, rebounding from a 4.58% loss in 2025.
FCMB, in partnership with CBN, teaches money management to secondary school students across Nigeria through the 'Smart Money Talks' initiative, promoting financial inclusion.
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South Africa's GEPF and PIC visit Dangote Refinery, signaling investor interest ahead of a planned pan-African IPO that could reshape energy and industrial sectors.
United Airlines has transported over 435,000 passengers and 3,100 tonnes of cargo on 2,100 flights between Accra and Washington D.C. since launching the route in 2021.
The Canada-Africa Chamber of Business will host its sixth conference in Lagos from June 24-25 to deepen economic ties between Canada and Nigeria, focusing on trade and investment.
Tanimu Yakubu defends Nigeria's fiscal policies, arguing deficits are necessary for structural reform and criticizing selective outrage from critics.
A Boston Consulting Group report says Africa-Europe bilateral trade could double to $1 trillion in 10 years through value chain integration and corridor revitalization.
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Global maritime bodies warn that persistent gender inequality could exacerbate workforce shortages, as women remain underrepresented in the sector despite policy commitments.
Aliko Dangote announces Dangote Group's expansion into deep seaport development across Africa to address port inefficiencies and boost trade.
AfCFTA Secretariat and ITC renewed MoU at Biashara Afrika 2026 to accelerate intra-African trade, focusing on SMEs, women, and youth-led enterprises.
PAMA Secretary-General Segun Ajayi-Kadir outlines steps for Nigerian manufacturers to benefit from AfCFTA, including obtaining certificates of origin and targeting priority markets.
Sweden commits SEK 2 million (N295m) to WTO Global Trust Fund for technical assistance and training to help developing economies integrate into global trade.
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Remita's payment infrastructure is crucial for Africa's digital transformation, enabling seamless transactions, government efficiency, and financial inclusion across the continent.
